Franklin Resources Portfolio holdings
Franklin Resources, Inc., commonly known as Franklin Templeton, was founded in 1947 by Rupert H. Johnson, Sr., and is headquartered in San Mateo, California, operating as a global investment management firm managing hundreds of billions in assets. The company offers a wide range of investment products, including mutual funds, ETFs, fixed-income portfolios, and alternative investments, serving individual investors, financial advisors, and institutions across over 150 countries. Known for its acquisition-driven growth—such as the 1992 purchase of Templeton Investments and the 2020 addition of Legg Mason—Franklin Templeton combines diverse strategies under a single brand, emphasizing both active management and income-focused solutions like its flagship Franklin Income Fund. With a reputation for adaptability and a client-centric approach, it remains a major player in the global asset management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AbbVie
ABBV
|
+$796M |
| 2 |
NextEra Energy
NEE
|
+$655M |
| 3 |
Home Depot
HD
|
+$635M |
| 4 |
Broadcom
AVGO
|
+$565M |
| 5 |
ConocoPhillips
COP
|
+$463M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Texas Instruments
TXN
|
+$711M |
| 2 |
NVIDIA
NVDA
|
+$642M |
| 3 |
Merck
MRK
|
+$448M |
| 4 |
Constellation Energy
CEG
|
+$424M |
| 5 |
Ameren
AEE
|
+$387M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.12% |
| 2 | Healthcare | 14.3% |
| 3 | Financials | 10.48% |
| 4 | Industrials | 9.82% |
| 5 | Consumer Discretionary | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Honeywell
HON
$76.3B
| $2.14B | 0.66% |
10,617,293
+1,435,760
| +16% | +$273M |
|
27
Regeneron Pharmaceuticals
REGN
$69.6B
| $2.02B | 0.62% |
1,923,102
+228,804
| +14% | +$222M |
|
28
Roper Technologies
ROP
$36.3B
| $2.02B | 0.62% |
3,579,096
-5,280
| -0.1% | -$2.85M |
|
29
Intuitive Surgical
ISRG
$121B
| $2.01B | 0.62% |
4,514,314
+57,080
| +1% | +$22.7M |
|
30
Danaher
DHR
$135B
| $2.01B | 0.62% |
8,029,970
-8,025
| -0.1% | -$2.03M |
|
31
Linde
LIN
$236B
| $1.96B | 0.6% |
4,461,976
-126,785
| -3% | -$55.8M |
|
32
Analog Devices
ADI
$181B
| $1.82B | 0.56% |
7,986,937
-107,918
| -1% | -$23M |
|
33
RTX Corp
RTX
$287B
| $1.8B | 0.55% |
17,932,670
+2,435,843
| +16% | +$252M |
|
34
PepsiCo
PEP
$186B
| $1.77B | 0.55% |
10,756,871
+876,530
| +9% | +$151M |
|
|
35
Merck
MRK
$324B
| $1.76B | 0.54% |
14,212,656
-3,480,612
| -20% | -$448M |
|
36
Target
TGT
$62.3B
| $1.72B | 0.53% |
11,619,395
-483,103
| -4% | -$76M |
|
37
Coca-Cola
KO
$353B
| $1.68B | 0.52% |
26,375,388
+1,727,145
| +7% | +$107M |
|
38
Intuit
INTU
$79.8B
| $1.65B | 0.51% |
2,517,571
-52,238
| -2% | -$32.4M |
|
39
Citigroup
C
$222B
| $1.61B | 0.49% |
25,346,500
+2,348,977
| +10% | +$145M |
|
40
PNC Financial Services
PNC
$100B
| $1.58B | 0.49% |
10,162,208
+503,258
| +5% | +$78M |
|
|
SCHW
41
Charles Schwab
SCHW
$177B
| $1.56B | 0.48% |
21,103,311
+1,592,197
| +8% | +$118M |
|
42
Medtronic
MDT
$106B
| $1.55B | 0.48% |
19,694,694
+260,998
| +1% | +$21.4M |
|
43
ASML
ASML
$683B
| $1.54B | 0.47% |
1,501,289
-22,214
| -1% | -$21.4M |
|
44
Union Pacific
UNP
$183B
| $1.52B | 0.47% |
6,696,958
+340,601
| +5% | +$79.8M |
|
45
Johnson Controls International
JCI
$87.7B
| $1.51B | 0.46% |
22,659,576
-1,702,255
| -7% | -$115M |
|
46
Cadence Design Systems
CDNS
$92B
| $1.51B | 0.46% |
4,893,881
+535,405
| +12% | +$159M |
|
47
Stryker
SYK
$126B
| $1.5B | 0.46% |
4,404,427
-387,254
| -8% | -$131M |
|
48
McKesson
MCK
$97.9B
| $1.47B | 0.45% |
2,512,736
+77,893
| +3% | +$43.4M |
|
49
Monolithic Power Systems
MPWR
$66.2B
| $1.44B | 0.44% |
1,755,346
-39,210
| -2% | -$28.3M |
|
50
United Parcel Service
UPS
$97.7B
| $1.44B | 0.44% |
10,520,136
+494,677
| +5% | +$70.8M |
|
Similar funds
Franklin Resources's Q2 2024 Portfolio in Review
As of Q2 2024, Franklin Resources held 3,014 positions worth $325B, up 3% from $316B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Franklin Resources's Q2 2024 filing shows 156 new, 1,420 increased, 978 reduced and 153 closed positions. Its largest new stake was GE Vernova: 1,907,624 shares worth $327M. The largest sale was Texas Instruments, an estimated $711M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2024 buy was GE Vernova: 1,907,624 shares worth $327M.
- Franklin Resources added most to AbbVie in Q2 2024, an estimated $796M increase.
- Franklin Resources's biggest Q2 2024 reduction was Texas Instruments, cutting an estimated $711M.
- Franklin Resources fully exited Yeti Holdings in Q2 2024, selling an estimated $165M.
- Franklin Resources's ten largest holdings make up 21% of its $325B portfolio in Q2 2024.
- Franklin Resources opened 156 new positions and closed 153 in Q2 2024.
- Franklin Resources's portfolio value rose 3% quarter-over-quarter to $325B.
Based on Franklin Resources's 13F filing for Q2 2024, filed 14 Aug 2024.